Exhibit 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Equillium, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Price Per | Maximum Price | Fee Rate | Amount of Registration Fee | |||||||
Equity | Common Stock, $0.0001 par value per share | Other | 1,762,737(2) | $2.63(5) | $4,635,998.31(5) | 0.00014760 | $684.27 | |||||||
Equity | Common Stock, $0.0001 par value per share | Other | 343,275(3) | $2.24(6) | $767,391.26(6) | 0.00014760 | $113.27 | |||||||
Equity | Common Stock, $0.0001 par value per share | Other | 1,500,000(4) | $2.63(5) | $3,945,000.00(5) | 0.00014760 | $582.28 | |||||||
Total Offering Amounts | $9,348,389.57 | $1,379.82 | ||||||||||||
Total Fee Previously Paid | — | |||||||||||||
Total Fee Offsets | — | |||||||||||||
Net Fee Due | $1,379.82 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock (the “Common Stock”) that become issuable under the Equillium, Inc. 2018 Equity Incentive Plan (the “2018 Plan”), the Equillium, Inc. 2018 Employee Stock Purchase Plan (the “2018 ESPP”), and the Equillium, Inc. 2024 Inducement Plan (the “2024 Inducement Plan”) by reason of any stock dividend, stock split, recapitalization or other similar transaction. |
(2) | Represents shares of Common Stock that were automatically added to the shares authorized for issuance under the 2018 Plan on January 1, 2024 pursuant to an “evergreen” provision contained in the 2018 Plan. Pursuant to such provision, on January 1 of each year through January 1, 2028, the number of shares authorized for issuance under the 2018 Plan is automatically increased by an amount equal to either: (a) 5% of the total number of shares of the Registrant’s capital stock outstanding on December 31 of the preceding calendar year or (b) a number of shares of Common Stock that may be determined by the Registrant’s board of directors that is less than the preceding clause (a). |
(3) | Represents shares of Common Stock that were automatically added to the shares authorized for issuance under the 2018 ESPP on January 1, 2024 pursuant to an “evergreen” provision contained in the 2018 ESPP. Pursuant to such provision, on January 1 of each year through January 1, 2028, the number of shares authorized for issuance under the 2018 ESPP is automatically increased by a number equal to the lesser of: (a) 1% of the total number of shares of the Registrant’s capital stock outstanding on December 31 of the preceding calendar year and (b) 343,275 shares; or a number of shares of Common Stock that may be determined by the Registrant’s board of directors that is less than (a) and (b). |
(4) | Represents shares of Common Stock authorized for issuance under the 2024 Inducement Plan as inducement grants under Nasdaq Listing Rule 5635(c)(4) pursuant to the adoption and approval of the 2024 Inducement Plan by the Registrant’s board of directors on March 6, 2024. |
(5) | This estimate is made pursuant to Rule 457(h)(1) and Rule 457(c) of the Securities Act solely for purposes of calculating the registration fee. The proposed maximum offering price per share and maximum aggregate offering price are based upon the average of the high and low prices of the Common Stock on March 19, 2024, as reported on The Nasdaq Capital Market. |
(6) | This estimate is made pursuant to Rule 457(h)(1) and Rule 457(c) of the Securities Act solely for purposes of calculating the registration fee. The proposed maximum offering price per share and maximum aggregate offering price are based upon the average of the high and low prices of the Common Stock on March 19, 2024, as reported on The Nasdaq Capital Market, multiplied by 85%, which is the percentage of the price per share applicable to purchases under the 2018 ESPP. |